Generally accepted rating principles: a primer
- Bank internal ratings of corporate clients are intended to quantify the expected likelihood of future borrower defaults. This paper develops a comprehensive framework for evaluating the quality of standard rating systems. We suggest a number of principles that ought to be met by 'good rating practice'. These 'generally accepted rating principles' are potentially relevant for the improvement of existing rating systems. They are also relevant for the development of certification standards for internal rating systems, as currently discussed in a consultative paper issued by the Bank for International Settlement in Basle, entitled 'A new capital adequacy framework'. We would very much appreciate any comments by readers that help to develop these rating standards further. Simply send us an E-mail, or give us a call.
| Verfasserangaben: | Jan Pieter KrahnenORCiDGND, Martin Weber |
|---|---|
| URN: | urn:nbn:de:hebis:30-9680 |
| Titel des übergeordneten Werkes (Deutsch): | Institut für Kapitalmarktforschung (Frankfurt am Main): CFS working paper series ; No. 2000,02 |
| Schriftenreihe (Bandnummer): | CFS working paper series (2000, 02) |
| Verlag: | CFS |
| Verlagsort: | Frankfurt am Main |
| Dokumentart: | Arbeitspapier |
| Sprache: | Englisch |
| Jahr der Fertigstellung: | 2000 |
| Jahr der Erstveröffentlichung: | 2000 |
| Veröffentlichende Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Datum der Freischaltung: | 13.06.2005 |
| Freies Schlagwort / Tag: | banking supervision; capital adequacy; corporate rating; credit risk management |
| GND-Schlagwort: | Kreditwürdigkeit; Standardisierung; Zertifizierung; Bankenaufsicht |
| Ausgabe / Heft: | Version: 14 Febr.2000 |
| Seitenzahl: | 18 |
| Erste Seite: | 2 |
| Letzte Seite: | 19 |
| Bemerkung: | First version: November 2, 1999 ; This version: February 14, 2000 ;Forthcoming: Journal of Banking and Finance |
| Quelle: | CFS working paper ; 2000,02 |
| HeBIS-PPN: | 200112244 |
| Institute: | Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS) |
| DDC-Klassifikation: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Lizenz (Deutsch): |  Deutsches Urheberrecht |
